affordable housing
From: Kathy Buck (kkbuckbellsouth.net)
Date: Mon, 17 May 2010 04:29:41 -0700 (PDT)
Pacifica Cohousing in Carrboro NC has some units that are owned by the local community land trust. The Town of Carrboro has a policy that if a developer will include 15% affordable units they will get a density bonus of 50% over the underlying zoning. Also, as far a appreciation goes. I was a real estate appraiser for many years and the rule in appraising is that land appreciates, building depreciate.



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